Socious Fund Round 1

Socious Fund Round 1 is a funding opportunity provided by Socious, a crowdfunding platform dedicated to supporting impactful projects without privileging wealthy networks. Their mission is to create a more equitable funding ecosystem by prioritizing community engagement and proven impact over personal wealth. Through this model, Socious aims to elevate underrepresented founders and social initiatives around the globe. This funding opportunity offers $500,000 in matching funds for Round 1, with a total of $1.5 million to be distributed in 2025. Projects are eligible to receive funding through a dual-stream mechanism—direct donations from individuals and matching grants determined by an extended quadratic funding system. This system amplifies the influence of community members based on their historical impact in social causes, financial contributions, and whether they have completed verification processes. Eligible projects must align with socially impactful purposes such as education, poverty alleviation, environmental sustainability, public health, and arts and culture for community benefit. The fund is open to a diverse range of entities including nonprofits, social enterprises, and impact startups worldwide. Verification for 501(c)(3) alignment is required for tax-deductible donations, although a formal nonprofit status is not mandatory for eligibility. Applications must include a project profile and documentation of impact. Once approved, projects enter a voting phase where community members cast votes and make donations. Voting weight is influenced by the voters' impact scores, which are calculated based on their verified contributions to social and environmental causes, including donations and active engagement in relevant activities. Submissions open on June 14th at 00:00 UTC and close on July 13th at 23:59 UTC. After the voting period, project funding is determined by the extended quadratic formula, and recipients are expected to launch their initiatives and report on progress and impact. Transparency, community trust, and consistent updates are emphasized throughout the funding cycle. No specific contact information such as email or phone number is provided. Interested applicants are encouraged to prepare early, share their project widely, and motivate supporters to verify and contribute in order to maximize their project’s funding potential.

Share personal stories, set clear goals, post regular updates, engage supporters to verify identity, donate, and share the project to maximize funding.